Christopher M. Hood - 17 Feb 2023 Form 4 Insider Report for KELLOGG CO (K)

Role
Senior Vice President
Signature
Gary H. Pilnick, Attorney-in-Fact
Issuer symbol
K
Transactions as of
17 Feb 2023
Net transactions value
-$1,473,058
Form type
4
Filing time
22 Feb 2023, 18:27:53 UTC
Previous filing
10 Feb 2023
Next filing
10 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Award $0 +39,226 +132% $0.000000 69,037 17 Feb 2023 Direct F1
transaction K Common Tax liability $1,124,236 -16,441 -24% $68.38 52,596 17 Feb 2023 Direct
transaction K Common Options Exercise $0 +11,213 +21% $0.000000 63,809 21 Feb 2023 Direct F2
transaction K Common Tax liability $348,822 -5,062 -7.9% $68.91 58,747 21 Feb 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction K Restricted Stock Units Award $0 +10,060 $0.000000 10,060 17 Feb 2023 Common 10,060 Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -11,213 -100% $0.000000* 0 21 Feb 2023 Common 11,213 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance rights granted February 21, 2020, in connection with the Company's 2020-2022 Executive Performance Plan, which are paid in stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.
F3 The restricted stock units vest on February 17, 2026, the third anniversary of the grant date.